📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

  • google app store apple app store

    • Question

      What is the new maximum penalty that IRDAI can impose on

      intermediaries?
      A ₹1 crore Correct Answer Incorrect Answer
      B ₹2 crore Correct Answer Incorrect Answer
      C ₹5 crore Correct Answer Incorrect Answer
      D ₹7 crore Correct Answer Incorrect Answer
      E ₹10 crore Correct Answer Incorrect Answer

      Solution

      The amendment raises the maximum penalty that IRDAI can impose on intermediaries from ₹1 crore to ₹10 crore, strengthening regulatory enforcement.

      Practice Next
      ask-question